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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #1311 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Short ready

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Can you help answer these questions
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  #1312 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/hhupye.jpg[/img]

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  #1313 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


closed -10

Started this thread
  #1314 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

The ES seems to be trying for a measured move on a bullish high tight flag.

Started this thread
  #1315 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

scalped my 10 ticks back. I get really frustrated when the ES and CL fight each other... I may quit today.

[IMG]https://nexusfi.com/v/ehe3pn.jpg[/IMG]

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  #1316 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

scalped another 7 short

[img]https://nexusfi.com/v/n5wnde.jpg[/img]

Started this thread
  #1317 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[IMG]https://nexusfi.com/v/7tsf79.jpg[/IMG]

CL also has a flag, but more like a pregnant or bloated flag. This area is a little too volatile due to the w4 potential overhead mixed with the ES bursting with joy over the jobs numbers.

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  #1318 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/3rjwdz.jpg[/img]

CL has seen a lot of violent whipsaw action today, caught between a possible wave 4 high and a bullish employment number. It is Friday, so any longer positions may be wrking themselves out of the market before the weekend close. When the market reopens on Sunday night, it could be anywhere by then.

I am taking a break untl the 1:30-2:30 time window. This is too difficult for me to trade effectively right now. I am up for the day and that may be what I live with until Monday.

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  #1319 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

In somewhat expected whipsaw-day fashion, there went all those new shorts

[img]https://nexusfi.com/v/ux68fb.jpg[/img]

Started this thread
  #1320 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


[img]https://nexusfi.com/v/yrze3c.jpg[/img]

scalped another 13 ticks

Price came back into the yellow zone (inveretd LSP on 1 minute)

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Last Updated on May 23, 2014


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